Learn more about ZCoin in Guarda Wallet

What is ZCoin?

Zcoin is a decentralised currency with a focus on anonymity and privacy. Also, Zcoin is the first cryptocurrency to implement the Zerocoin protocol.

The idea of making a privacy-centered coin appeared when the developers decided to solve the issues present in Bitcoin transactions. The final goal was making the transaction information concealable so the users can hide their identities with the use of special technology.

XZC cryptocurrency works on zero-knowledge proofs – the users can send and receive funds without showing the coins that belong to them. Every coin of this protocol goes through a process of burning and minting – the history of a particular coin gets erased with each cycle.

XZC is mineable. So, if you would like to accumulate some coins, you can partake in XCZ mining. However, if you do not want to bother too much with the mining process, you can also buy XZC on cryptocurrency exchanges.

Is It Secure?

Zcoin is an anonymous and private coin, so the security of users in enhanced compared to some other popular currencies. The privacy of XZC transactions is ensured by the Zerocoin protocol and the minting/burning system. Even with all this protection, the users need to choose a trustworthy cryptocurrency wallet to store their XZC in. Guarda is a lightweight non-custodial XZC wallet, available in multiple versions. Our service supports Zcoin among numerous other cryptocurrency coins and tokens.

You Should Know

Zcoin is a privacy-centered cryptocurrency

Mining of Zcoin is kept decentralised with memory hard algorithm

When you receive Zcoin, you cannot access any sender information

The founder of Zcoin originally worked on Vertcoin

Why Guarda

Guarda Wallet is a multicurrency non-custodial light wallet. We support the most popular coins and tokens, and Zcoin is one of them! It is easy to use, you don’t even need to create an account and you can feel secure about your coin – we don’t store any of the user’s personal data. Guarda was designed as an interface where clients can manage, store, transfer and receive coins and tokens.

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